8915 Penn Ave Bloomington, MN 55431
This exceptional retail opportunity is located within the Penn Lake Shopping Center, a vibrant neighborhood center situated at the high-traffic intersection of Penn Avenue and 90th Street in Bloomington, Minnesota. The property boasts a total of 43,945 square feet and offers multiple tenancy options, with three spaces currently available, ranging from a minimum of 1,800 square feet to a maximum of 7,500 square feet. The center sits on a sizable 4.23-acre lot and provides ample parking for customers and employees with 214 spaces. Its strategic location offers unparalleled visibility and accessibility, being directly across from the Bloomington Jefferson High School football field and just a short distance from Interstate 35W, ensuring high traffic volume and exposure to a large customer base. The surrounding area features a dense residential population and significant daytime traffic, creating a strong foundation for a thriving business. This is an ideal location for restaurants and other retail businesses seeking a prominent presence in a bustling community within Hennepin County, Minnesota, zip code 55431. The property is classified as a storefront within a strip center.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.